Feature

Projects & Openings Europe

October 17, 2019 marked the opening of YIT’s major project, which is comprised of Mall of Tripla +++ Commercial center Promenada Sibiu, owned by investment fund Nepi Rockcastle, opened its doors on November 14, 2019 +++ On November 28, 2019, Klépierre inaugurated the extension of Créteil Soleil in Créteil in the Ile-de-France region +++ Hamburg’s redos Group and Münster’s project developer HLG recently submitted their first building application for the revitalization of the Rhein-Ruhr Zentrum (RRZ) in Mühlheim an der Ruhr +++ At the end of October 2019, Immobiliare Grande Distribuzione SIIQ S.p.A. (IGD) opened a restyled mall in the Casilino in Rome

People in the European Retail Real Estate Industry

Recruitments, promotions and appointments in the European Retail Real Estate Industry.

Outlook 2020

The retail real estate industry is looking toward 2020 with cautious optimism. Uncertainties remain, however.

ECE plans mixed-use concept in Budapest

ECE plans a city quarter with offices, a hotel, restaurants, and retail on a 35,000-sq m property in Budapest.

Marketing during the Construction Phase: Seeing a Challenge as an Opportunity

Union Investment, owner of Hamburg’s Quarree Wandsbek, is investing roughly 40 million euros in the refurbishment of the mall. Extensive construction work is scheduled to be completed by the end of 2020, which, inevitably, will have an impact on ongoing operations. What types of marketing measures can be used to counteract the possible drop in footfall and the corresponding drop in turnover? Center Manager Frank Klüter, from Sierra Germany GmbH, and Britta Finke, from lead agency 21Media, explain the situation.

Retail News

Premiere in Bratislava +++ Cano in Singen–90 percent leased already +++ Distrikt Nørrebro to open flagship store in Forum Rotterdam +++ Online retail is on the rise internationally

Key trends for the retail real estate industry in 2020

“Co-working spaces, medical centers and kindergartens will also increasingly find their ways into malls, thereby shaking up tenant mixes.”

Investment News

Allianz Real Estate Refinances a 300-million-euro Acquisition +++ Investment in Hallplatz-Galerie in Zweibrücken +++ Investika purchased Galerie Butovice

Moscow’s new playground

Dream Island will be Russia's first, and Europe’s largest, indoor theme park, with the first phase scheduled to open in the first quarter of 2020. Architects Chapman Taylor developed the masterplan for this project.

New impulses for the “customer journey”

From January 24 to 28, 2020, Christmasworld is focusing its product range on the success factor customer-experience at the point of sale. Together with the Institute for Retail Research in Cologne, the Retail Boulevard (BLVD) 2020 will focus on the 'customer journey' by illustrating the steps towards the purchasing impulse and good customer relationships in different stores.

“Shopping center yields have reached levels of 6.75 to 7.25% in Bucharest”

The most active real estate investors in Romania came from Europe – up until 10 years ago. Today, investors from South Africa and Singapore play a vital role, says Liviu Tudor, Founder and President of the Romanian Association of Building Owners (Rabo).

Outlet Centers Weather the Storm

“Outlet strategies that blend a hybrid occupier mix with a focus on leisure boost dwell time and engage local communities.”

The second edition of “ACROSS Retail Talks“

The theme in Cannes on November 12, 2019 was “There is life in the old dog yet… Why retail will continue to play an important role in our future lives.”

Boring Remains Sexy

Five Theses on the Potential of Retail Parks in Germany

BREEAM in the Retail Real Estate Industry

“Sustainability is no longer optional in retail, with a third of consumers choosing to buy brands based on their social and environmental impact and expecting the sector to act upon their social and sustainability commitments and goals.”

What Is Your Return on Experience?

“Surprisingly large parts of Dublin have long been underserved in terms of quality retail; brands lack the modern retail and F&B space to meet future needs, while customer preferences have evolved, and they are now demanding new and exciting concepts and brands.”

Projects & Openings Europe

Multi Corporation and Linstow Center Management - new enlarged Alfa in Riga opened its doors. +++ Intu has been awarded a General “PGOU” License (Plan General de Ordenación Urbana) for its ground-up development intu Costa del Sol. +++ Flair shopping center in Fürth, Germany - Chapman Taylor was appointed to develop a new concept for the refurbishment and extension of the old “City Center” shopping center.

Projects & Openings International

MVRDV’s Pixel, an 85,000-square-meter mixed-use development in Abu Dhabi, is now under construction +++ Lead8 has recently announced its appointment to Hongkong Land’s unveiled “Yorkville - The Ring” in Chongqing +++ Montreal will soon be home to Time Out Market +++ Grozny Mall will combine innovative architectural solutions and multifunctional infrastructure

People in the European Retail Real Estate Industry

Recruitments, promotions and appointments in the European Retail Real Estate Industry.

Russian city Perm is about to get its most modern mall

With Planeta Perm, MallTech as developer and Sonae Sierra as designer, are set to unlock a shopping center experience with 83,000 sq m GLA and 185 stores.